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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Hayduke who wrote (46887)	5/16/2001 4:43:45 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

Hayduke, One of my business contacts who is in charge of a major discount brokerage told me that todays rally was entirely institutional confirming the big money coming off the sidelines theory. After the bad day Japan had and the down European markets this morning, the failure of the US markets to crumble emboldened the sideliners. It would be nice if we get retail follow thru over the next couple of days. A hint of that will be bigger updays for nasdaq than the dow than we have seen so far this month. Next goal is for nasdaq to break thru 2250. For amat its 56 according to Jacob. mike